The sun. [volume] (New York [N.Y.]) 1833-1916, 1887-08-21
IVES Is IN A PRETTY FIX.
JCD6E HOADLr's Law FIRM REFUSES
TO APPEAR ron HIM

JUDGE HOADLr's LAW FIRM REFUSES
TO APPEAR FOR HIM
Talk Of . Genie ssion By Partner Doremus-
He IL Cited before the stock Exchange
Governors-A Statement OF Assesh land
Liabiiities-Asscts Very Nominal.
The announcement that important books
OF the banking" firm OF Henry s. Ives & Co.,
on which Assignee William Nelson Cromwell
depended to silt tho affairs OF Ives and his as
sociates. wero missing, and that Assignee
Cromwell had obtained OH order from Judge
Donohue which hauls Ives into court to-mor-
row morning II lie concludes to remain in this
State. to explain where tho books nre. was nc
cepted In Wall street yesterday as but the
natural sequence and the elimination Of the
two years. course Of financial dcbauchery
practised by Iyos and his follows. The missing
books contain the record Of Ives's transactions
with the Cincinnati, Hamilton and Dayton and
other railroad corporations from the day. q
little over year ago. when he practically
secured control OF the property and started in
to empty the safes. Tho missing books. it Is
supposed, would show how Systematically lie
corralled everything within his grasp. and
would chow that little or nothing is really left
for those unfortunate enough to huvo had even
speaking acquaintance with Ives without
When n lawyer. who has had 40 close rela-
lions with Ives as his assignee has had, is
i Is not saeprising that Hoadly. tauterbach
JohnsSn the firm 81 Lawyers who have
to Ses his sV0
e9 Ths dst %ane ~
talk about their decision yesterday.
hHs the Of the
lied to them and tricked them as he has every
body else worth lying to and tricking. There
Yes ana his gang, and f they We're toid SO IN
IIoadly. Lauterbach L Johnson's offices when
s sf In there he siSe Sys
that Hoad hs aePSls 5e
Il Will probably be gathered from the FORE
know how the missing books got out OF his
safe, and hasn't tho faintest suspicion where
who begins to show Indications Of exaspera-
ton at the mess he is IN. isn't far behind Ives.
In being mistaken on this head
Az for Doremus; nobody has credited him
with knowing much OF what was going on; but
n se Of GS Ss
bic. OF course be win have hearing before
It will be an unpleasant hearing for him unless
assde' to Suf' wa as Of h
to make a clea brea.t OF it. The
f9ct that he remained cl9setcd with Judge
report. Dornmus refused to talk on the subject.
before the he Governors and that he would obey
the summons. Judge Hoadly. speaking on
the report that Dorenius was preparing u CON
partners. said:
II have entreated not only Doremus. but
all their TRANSACTIONS but I have, no knowl-
edge OF any prepared statement to DO made by
1t is known that Ives refused to make an as
slgnment until the last moment, in the hope
Of saving Doremus's seat. in the Stock Ex-
pension, no REPRESENTATIVE Of his would be let
in nor would any 80 be allowed to hold
II. is hoped and, feared BY the creditors. nc
cording to their relations with lyos Co. now
to top Proceed crimnaiy against ives and i his
wifi va TEe fact hS
the books up to April last are missing and
s ES ssfsDSS at s0f that they sys E s
from the wreck, will ,andoubtedly nre.
cipjtate UNPLEASANT suits against Ives
to say yesterday that the check books and
petty cash books OF the firm prior to April were
M OF Il he I've
anything OF the firms affairs before that date
But Assignee Cromwell says that these books
are comparatively useless for his purposes,
and that he will. force Ives to tell where
tho, ledger, cash, book, security book,
the reason why. Ives & stayner travelled
down to Mr.. Cromwell's office yesterday and
stayed long enough to learn that on Tuesday
next. at the meeting Of the directors OF the
Mineral Range road, Mr.: Cromwell would use
Ives Co.'S affairs to GUST Stayner from his
place rs President and. Ives from his Job as
director and member OF the Executive Com
mittee OF the road.
1t was nearly dusk when Assignee Cromwell
handed out summary statement OF Henry
S. Ives Co." 1t Is far from being schedule
In bankruptcy. and 1t does not profess to be.
and IL the creditors can get any comfort from
II they are very interesting persons. This is
the summary"
LIABnlfIHs.
Loans secured S. $50 ga 81
Hills payable, l,+T2
peposits. a42l, Oa3 81
Miscellaneous ........... ......,....... ~ 564 a5
In nIlities SIG 47a "a